BUSINESS BRIEF
Facebookâs 2nd offering brings in $2.3B windfall
12/21/2013SAN FRANCISCO — Facebook Inc. has priced a secondary offering of its stock at $55.05 a share in a deal that will generate a $2.3 billion windfall for CEO Mark Zuckerberg.
The terms announced Friday are just slightly below the $55.12 closing price of Facebook’s stock Friday. The stock has climbed well above the $38 price set in Facebook’s initial public offering 19 months ago.